capisce

Joined 15 years ago

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482
Submissions
269
Member since
Jan 6
https://twitter.com/srodal

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Recent submissions

Comment · 4 months ago
Comment · 8 months ago
Or among those who want to support any build system
Comment · 10 months ago
> But I think just focusing on enjoyment in life is a poor human experience. Life has much more to offer that is equally interesting. Enjoyment isn't the only game in town.

I assume this person is employed, so they're probably already doing quite a lot more than just hedonistic enjoyment.

Comment · 1 year ago
Does his behavior perfectly match the people who made your life hell, or are you projecting?
Comment · 1 year ago
Comment · 4 years ago
That's called the yearly summer vacation in Europe. Why only every three to five years?
Comment · 4 years ago
I guess you don't eat any sugar either?

Also, strange to suggest banning caffeine when discussing a study finding that it reduces risk of death.

Comment · 8 years ago
Comment · 8 years ago
The locals in those places _are_ voting with their wallets.
Comment · 8 years ago
AMD, not ATI.
Comment · 8 years ago
Comment · 8 years ago
Some more highlights:

> In terms of total returns, residential real estate and equities have shown very similar and high real total gains, on average about 7% per year.

> The data summary in Table 3 and Figure 2 show that residential real estate, not equity, has been the best long-run investment over the course of modern history.

> Although returns on housing and equities are similar, the volatility of housing returns is substantially lower, as Table 3 shows. Returns on the two asset classes are in the same ballpark— around 7%—but the standard deviation of housing returns is substantially smaller than that of equities (10% for housing versus 22% for equities).

> Predictably, with thinner tails, the compounded return (using the geometric average) is vastly better for housing than for equities—6.6% for housing versus 4.6% for equities. This finding appears to contradict one of the basic assumptions of modern valuation models: higher risks should come with higher rewards.

Seems the way the real estate market works has caused a big drain both on economic growth (as investments have gone into real estate rather than more productive products), and on economic equality.

So a Georgist land value tax does seem like a pretty good idea.

Comment · 9 years ago
A regressive tax like this must disincentivize freelancing and thus prevent a lot of economic activity. What are the benefits?

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